All News
S and P affirms NZ’s AA+ rating; sound fiscal position makes up for private sector indebtedness
Aug. 26 (BusinessDesk) – New Zealand’s AA+ credit rating has been affirmed by Standard & Poor’s, which says the nation’s economic resilience and sound fiscal position makes up for high external imbalances, household and farm debt, and reliance on commodities. S&P also affirmed...
Chorus lifts capital spending, projects flat-to-lower 2014 earnings; shares slip
By Paul McBeth Aug. 26 (BusinessDesk) - Shares in Chorus fell after the telecommunications network operator spent more on capital projects, including the national fibre network, than analysts were picking and as it predicted flat to lower earnings in the coming financial year....
Delegat’s shares slump to four-month low after earnings miss analysts’ estimates
By Tina Morrison Aug. 26 (BusinessDesk) –Shares in Delegat’s Group, the New Zealand winemaker which has been snapping up the distressed assets of rivals, slumped 7.2 percent to a four-month low after weaker than expected earnings. Delegat’s plunged 30 cents to $3.85, the lowest...
Prev
